Odd Burger Corporation — Cyborg Score 2/10

Challenged
Plant-based fast-casual QSR restaurants

Strategic Profile

As of December 2025, the company transitioned to an asset-light, outsourced manufacturing model supported by established food manufacturers. The company reported record revenue and positive EBITDA in Q3 2025 and announced exclusive national listing with 7-Eleven Canada for its retail product line in May 2025.

Cyborg Score Rationale

Trading of Odd Burger Corporation has been halted on the TSX Venture Exchange due to a Cease Trade Order issued by the Canadian Investment Regulatory Organization in February 2026. The company faces severe regulatory and liquidity challenges despite prior growth initiatives. Stock price has collapsed to historic lows.

Top Insights

  • Trading suspension via Cease Trade Order (February 2026) indicates serious regulatory or disclosure issues affecting investor confidence
  • Transitioned to asset-light co-manufacturing model (December 2025) to improve efficiency and reduce capital requirements
  • Achieved record Q3 2025 revenue and positive EBITDA, showing operational traction before trading halt
  • Secured major retail partnerships including exclusive 7-Eleven Canada national listing (May 2025) and Dot Foods distribution deal (May 2025)

Named Competitors

  • Beyond Meat Products — Plant-based meat alternative products
  • Impossible Foods Products — Plant-based meat alternatives for food service and retail
  • Veggie Grill — Plant-based fast-casual restaurant chain
  • McDonald's Plant-Based Menu — Major QSR chain with expanding plant-based offerings

Recent Developments

  • (February 2026) Trading halted on TSX Venture Exchange due to Cease Trade Order
  • (December 2025) Strategic update announcing transition to co-manufacturing model and asset-light operations
  • (August 2025) Reported record revenue and positive EBITDA in Q3 financial results
  • (May 2025) Announced exclusive national listing with 7-Eleven Canada for retail product line

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